what is meant by debit and credit

Answer Posted / s.shiva kuamr 9848083705

DEBIT MEANS "DUE TO THAT"
CREDIT MEANS "DUE FOR THAT"

Is This Answer Correct ?    13 Yes 20 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are events occuring after the balancesheet date?

1730


What is Mean By FRS for HQ reporting, How To Prepare?

1615


how there face in lvbank interview

1605


please tell me short cut method in maths as well as in english for correcting the error for the post of clerck in bank exam

1838


Expand---------DBPC

1678






distinguish between price rate and time rate?

1629


sir i am working consruction company.we have 4 projects in varrious places.i enter attendance in payroll by project wise.if enter autofill salaries combained all projects.i want individual salaries base on attendance feeding method.because staff are changing in one project to another project offenly.please explain method

1900


WHAT IS THE DIFFERENCE BETWEEN PUBLIC COMPANY AND PRIVATE COMPANY? MUTUAL FUNDS? GOOD WILL? ABOUT YOUR PROJECTS?

1630


what is difference between venture capital financing and equity financing?

1502


What was the most chlleging task you face while working in SAP FI/MM and how did you solve?

1475


1. what is responsibility of inword & forward agent ? 2. how to control cash expenses give five step ? 3. what is Vat 3. how many type of depreciation

1562


whts is the meaning of over cost and under cost, what is difference ?

11395


what is mean by account concept,and how to perpare a full accounting concept journal,ledger,trail balance,and balance sheet how it will prepare in upto fainalaztion.

1549


when apply for ragistred in central excise no

1391


which are the basic princeples of accountancy... with examples

1725